SOCAR Might Buy Oil Refinery in Italy

Source Press
Company SOCARLukoil (IFRS) 
Tags Deal Rumours, Refining & Marketing Activities
Date November 13, 2017

( National oil companies of Azerbaijan, Iran and Algeria show interest in acquirement of Lukoil’s ISAB oil refinery in Italy, Lukoil President Vahid Alekberov said,APA-Economics reports citing to RIA Novosti.

According to him, Lukoil has received many bids: “We are considering these versions. The refinery is in good condition. We have invested a lot in this refinery.  All plants are working. In addition, after modernization works, a number of objects are planned to be launched. Therefore, we don’t have to hurry up. We are negotiating with interesting sides”.

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